Rue told analysts in a conference call briefing that about half the expected ARPU growth would come from biz users, targeted by products like its recently launched business Ethernet offering.

Here's the highlights from the company's three months to September 30:

Revenues up 53 per cent on the year-ago quarter to AU$620 million.

A 21 per cent fall in the company's loss, to $1.086 billion, mostly attributable to subscriber costs falling by nearly half, from $681m to $344m.

Rue also used the call to reiterate nbn™'s opposition to changing its wholesale tariffs. Telstra has been leading calls for wholesale prices to be cut, particularly in the Connectivity Virtual Circuit (CVC) product, the per-megabit-per-second, per-month fee for carrying traffic between customers and retailer networks.

nbn™ adjusted its wholesale prices last year, Rue said, and that's that: the company “won't be diverting” from the revenue projections in its current corporate plan.

Any aggressive restructuring of wholesale prices would require a write-down of nbn™'s book value, something chairman Ziggy Switkowski ruled out in October.

At the end of that month, retailer Amaysim offloaded its loss-making NBN service to Southern Phone Company for $3m, citing “unsustainable wholesale costs” among its reasons for quitting the market to focus on mobile and energy resale. ®